A recap of this week’s housing/mortgage news with a focus on how low rates can eventually go. The answer is actually surprisingly simple
Source: Kevin Litwicki MBSLIVE
How Low Can Rates Eventually Go?

The current low rate environment is like nothing we’ve ever seen before. It’s easy to tune out the constant advertisements and news stories about “all-time low rates,” but this time around, the refinance process is very much worth investigating right now.
Source: Kevin Litwicki MBSLIVE
It's Time To Refinance (Again)

It should no longer come as a surprise that the pandemic continues to create never-before-seen circumstances in all corners of society. Here in the housing and mortgage markets, one of the first major manifestations of the crisis was a quick move to incredibly low rates. With record after record being set in close succession, the mortgage environment has been ridiculously good for most homeowners. For others, it’s just been ridiculous.
Source: Kevin Litwicki MBSLIVE
Mortgage Market Ridiculously Good or Just Ridiculous?

This week’s economic data included the biggest-ever gain in Pending Home Sales, a leading indicator for the housing market. Meanwhile, mortgage rates pushed down to new all-time lows yet again. What’s the catch?
Source: Kevin Litwicki MBSLIVE
Huge Housing Rebound, All-Time Low Rates, But At What Cost?

The housing market will bounce back and rates will move higher. The only question is “when?”
Source: Kevin Litwicki MBSLIVE
Rates Are Headed Higher… Eventually

Coronavirus hit markets with unprecedented force in March. Stock prices and bond yields sank. When the outlook grew less dire, markets began moving back in the other direction. As quarantine measures ease, fear surrounding a second wave of COVID-19 is pushing back on the recovery in markets.
Source: Kevin Litwicki MBSLIVE
The Great Debate for Rates, Housing, and Markets

Last week’s jobs report fueled hopes for a quicker economic recovery, thus putting upward pressure on rates. It was the scariest move since March, but things are looking much better this week.
Source: Kevin Litwicki MBSLIVE
Just When You Thought They Were Gone, All-Time Low Rates Are Back

After weeks of incredibly steady movement and several instances of new record lows, mortgage rates are moving quickly higher. Is this the beginning of the end?
Source: Kevin Litwicki MBSLIVE
Are All-Time Low Mortgage Rates Behind Us Now?

Coronavirus made for record-shattering movement in financial markets and economic data. With lockdowns ending, investors are eager to see improvements, but instead finding plenty of mixed signals.
Source: Kevin Litwicki MBSLIVE
Mixed Signals About Housing and Economic Recovery

There’s no shortage of bad news when it comes to the economy and the housing market. But that’s no surprise considering the circumstances. What IS surprising is how quickly some signs of recovery have emerged.
Source: Kevin Litwicki MBSLIVE
The Sun Also Rises For Housing and Mortgage Markets